News: Major Layoff at Zynga Inc.

Employee Relations

Major Layoff at Zynga Inc.

Zynga Inc. founder Mark Pincus is cutting 18% of the casual-games company’s work force, less than a month after retaking the reins as chief executive officer.The firings, amounting to 364 jobs, are part of a cost-reduction plan that will save $100 million annually, the company said.

Zynga Inc. founder Mark Pincus is cutting 18% of the casual-games company’s work force, less than a month after retaking the reins as chief executive officer.The firings, amounting to 364 jobs, are part of a cost-reduction plan that will save $100 million annually, the company said.

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Topics: Employee Relations, #Corporate

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